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    Planning minister calls for working together to build economic bloc

    Bangladesh Sangbad Sangstha . New Delhi | Updated at 12:13am on October 08, 2016

    Planning minister AHM Mustafa Kamal Friday called for working together to build a regional economic bloc for optimum use of resources to steer economic progress of South Asian countries...

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    BSEC moves against twenty-two merchant banks

    HM Murtuza | Updated at 12:12am on October 08, 2016

    The Bangladesh Securities and Exchange Commission has moved to take action against 22 merchant banks which failed to manage any initial public offering in two calendar years...

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    Bank rate cut to 10.24pc in Aug, 20th month in row

    Staff Correspondent | Updated at 12:09am on October 08, 2016

    Country’s scheduled banks cut their rates of interest on lending further in August, for the 20th month in a row, against the backdrop of the businesses’ persistent reluctance to borrow from banks due to a sluggish business situation...

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    Prices of vegetables, soya bean oil go up

    Staff Correspondent | Updated at 12:05am on October 08, 2016

    The prices of soya bean oil and vegetables went up in the city’s kitchen markets over the week ending Friday...

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    Stocks finish positive for 4th day as bank shares rise

    Staff Correspondent | Updated at 01:11am on October 07, 2016

    Dhaka stocks inched up on Thursday, the fourth trading sessions in a row, amid volatility mainly due to rise in banks’ share prices despite decline in turnover below Tk 500 crore after 14 trading sessions...

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    Summit Power trading likely from Sunday

    Staff Correspondent | Updated at 01:09am on October 07, 2016

    Bangladesh Securities and Exchange Commission on Thursday withdrew lock-in for the general shareholders of recently de-listed Summit Purbanchol Power Company who are entitled to get Summit Power Limited shares in line with merger procedure...

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    3 Mumbai call centres make Rs 500cr by duping US citizens

    Business Desk | Updated at 01:07am on October 07, 2016

    A disgruntled call centre employee may have exposed India’s most daring tele fraud. On Tuesday, Thane police busted the racket run by fake call centres, who may have robbed US citizens of Rs 500 crore in the last one year, reports Economic Times...

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    Committee formed to review duty on cow coming from India

    Jasim Uddin | Updated at 01:05am on October 07, 2016

    The Central Taskforce on Anti-Smuggling has formed a consultative committee to review the possibility of increasing the duty or penalty for cows informally coming from India through different border corridors...

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    Alliance says factories must finish priority repairs by ’18

    Staff Correspondent | Updated at 01:04am on October 07, 2016

    Alliance for Bangladesh Workers Safety, a consortium of North American fashion brands and buyers, on Thursday asked its supplier RMG factories in Bangladesh to conclude high priority safety repairs by July 2018 to avoid suspension from the list of compliant suppliers of the group...

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    Banks, NBFIs should be cautious about loan syndication: experts

    Staff Correspondent | Updated at 12:56am on October 07, 2016

    Experts and bankers on Thursday gave opinions that the banks and non-bank financial institutions should maintain cautious policy to select clients for loan syndication as the credit volume of the projects are usually larger than the ordinary ventures...